Banking

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

IDFC First Bank fraud case: RBI Governor says no systemic issue

“We are watching the development; there is no systemic issue,” Mr. Malhotra was quoted as saying to reporters at a press briefing after the...

No indication of any fraudulent activity: AU Small Finance Bank

    AU Small Finance Bank statement comes in wake of reports of fraudulent activities reported by another lender IDFC First Bank relating to account involving...

IDFC First Bank appoints KPMG to probe fraudulent transaction

IDFC First Bank received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another...

An expected pause, amid green shoots

The MPC took note of successful completion of trade deals and said it augurs well for the economic outlook. Merchandise exports will get a boost...

New formula proposed for banks dividend payout

‘Dividend’ means dividend payable on equity shares and includes interim dividend. The aggregate dividend should not exceed 75 per cent of profit after tax for the...

What led to the repo rate cut

The minutes of the fifty-eighth meeting of the Monetary Policy Committee (MPC) of Reserve Bank of India released on Friday offers interesting insights into...

SalarySe ties up with CUB to offer credit card to salaried

Aligning with the Reserve Bank of India's push toward a cashless economy, SalarySe’s product is powered by UPI technology. Targeting the consumers’ spending behaviour, the...

RBI cuts repo rate by 25 basis points

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. The decision to cut the...

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...